Karen Rich and Cheri Bonawitz for New England Real Estate Journal

November 7, 2017 in Articles

Publication: New England Real Estate Journal

Commercial real estate in Maine is seeing a robust market in 2017 across all sectors, most notably in the retail, industrial and multifamily sectors. We are increasingly encountering buyers from across the country who recognize that the Maine market is a solid market to invest in. Cap rates can be slightly higher in Maine versus other metropolitan markets in southern New England and, as a result, investors are creating a demand that is exceeding the quality product currently available.